Time Education China Holdings Ltd.

www.elanschool.cn

Time Education China Holdings Limited (TEC) is an English language arts and mathematics training service provider to children aged 5-12 in China. It currently manages centers based in the Chinese cities of Beijing, Shanghai, Guangzhou, Shenzhen and Foshan with its headquarters located in Beijing. In addition, TEC provides online assessments, learning solutions to students and teachers, and helps schools and learning centers build all-English libraries for Independent Guided Reading. TEC was established in December 2012, and is the parent company for both Elan schools and PlayMath centers. The first Elan school opened in March 2013, and first PlayMath center in October 2013. Both centers were located in Shanghai. Having expanded rapidly, by the end of 2018, it is expected that there will be over 18 Elan schools in operation. In early 2016, TEC was acquired by Bright Scholar Education Group, a NYSE-listed (ticker: BEDU) education group, which is one of the largest private K-12 school operators in China, with over 35,000 students and 7,200 employees as of April 2017.

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Time Education China Holdings Limited (TEC) is an English language arts and mathematics training service provider to children aged 5-12 in China. It currently manages centers based in the Chinese cities of Beijing, Shanghai, Guangzhou, Shenzhen and Foshan with its headquarters located in Beijing. In addition, TEC provides online assessments, learning solutions to students and teachers, and helps schools and learning centers build all-English libraries for Independent Guided Reading. TEC was established in December 2012, and is the parent company for both Elan schools and PlayMath centers. The first Elan school opened in March 2013, and first PlayMath center in October 2013. Both centers were located in Shanghai. Having expanded rapidly, by the end of 2018, it is expected that there will be over 18 Elan schools in operation. In early 2016, TEC was acquired by Bright Scholar Education Group, a NYSE-listed (ticker: BEDU) education group, which is one of the largest private K-12 school operators in China, with over 35,000 students and 7,200 employees as of April 2017.

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Country

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City (Headquarters)

Beijing

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Founded

2012

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Estimated Revenue

$10,000,000 to $50,000,000

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